Kendalcourt Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 03735515

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		793,784		830,829

			793,784		830,829
CURRENT ASSETS
Stocks	6	5,207		3,107
Debtors	7	64,401		21,231
Cash at bank and in hand		430,033		350,721

		499,641		375,059
Creditors: Amounts Falling Due Within One Year	8	(522,484 )		(513,478 )

NET CURRENT ASSETS (LIABILITIES)			(22,843 )		(138,419 )

TOTAL ASSETS LESS CURRENT LIABILITIES			770,941		692,410

Creditors: Amounts Falling Due After More Than One Year	9		(460,294 )		(494,595 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(10,678 )		(14,300 )

NET ASSETS			299,969		183,515

CAPITAL AND RESERVES
Called up share capital	10		1,000		1,000
Profit and Loss Account			298,969		182,515

SHAREHOLDERS' FUNDS			299,969		183,515

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Kendalcourt Limited

Balance Sheet (continued)

As At 30 November 2024

For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr M M Gulamhusein

Director

18/11/2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Kendalcourt Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03735515 . The registered office is 2-4 Albert Road, Cosham, Portsmouth, Hampshire, PO6 3DD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% on Cost
Plant & Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures & Fittings	25% Reducing Balance
Computer Equipment	33% Straight Line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Kendalcourt Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2024

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 55 (2023: 58)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 December 2023	165,000

As at 30 November 2024	165,000

Amortisation
As at 1 December 2023	165,000

As at 30 November 2024	165,000

Net Book Value
As at 30 November 2024	-

As at 1 December 2023	-

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 December 2023	1,075,959	217,912	49,650	134,913
Disposals	-	-	(3,650 )	-

As at 30 November 2024	1,075,959	217,912	46,000	134,913

Depreciation
As at 1 December 2023	304,023	200,498	22,794	120,460
Provided during the period	21,519	4,353	6,469	3,613
Disposals	-	-	(2,669 )	-

As at 30 November 2024	325,542	204,851	26,594	124,073

Net Book Value
As at 30 November 2024	750,417	13,061	19,406	10,840

As at 1 December 2023	771,936	17,414	26,856	14,453

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Kendalcourt Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2024


	Computer Equipment	Total
	£	£
Cost
As at 1 December 2023	21,375	1,499,809
Disposals	-	(3,650 )

As at 30 November 2024	21,375	1,496,159

Depreciation
As at 1 December 2023	21,205	668,980
Provided during the period	110	36,064
Disposals	-	(2,669 )

As at 30 November 2024	21,315	702,375

Net Book Value
As at 30 November 2024	60	793,784

As at 1 December 2023	170	830,829

6. Stocks

	2024	2023
	£	£
Materials	5,207	3,107

7. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	47,937	4,049
Prepayments and accrued income	10,173	10,891
Other debtors	1,408	1,408
Sundry debtors	4,883	4,883

	64,401	21,231

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	66,678	63,983
Bank loans and overdrafts	38,755	38,755
Corporation tax	143,372	107,472
Other taxes and social security	23,316	25,638
Other creditors	67,921	162,444
Pension creditor	4,940	4,088
Accruals and deferred income	143,294	82,492
Director's loan account	34,208	28,606

	522,484	513,478

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Kendalcourt Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2024

9. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	448,294	474,595
Bounce Back Loan	12,000	20,000

	460,294	494,595

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1,000	1,000

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